Business News In Nigeria
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Naira drops against dollar after remaining stable
At the Investors and Exporters window on Thursday, the Naira lost value in relation to the dollar, trading for N469.50.…
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Nigeria loses N150bn to gas flaring in four months – NOSDRA
Between January and April 2023, oil and gas companies doing business in Nigeria flared 92.3 mscf of gas, representing an…
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Fuel price will crash – IPMAN lauds Tinubu govt over latest decision
The current administration, led by President Bola Ahmed Tinubu, has received praise from the Independent Petroleum Marketers Association of Nigeria…
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We didn’t devalue Naira – CBN
Accusations that the Central Bank of Nigeria, or CBN, depreciated the Naira have been denied. The CBN depreciated the Naira,…
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SUBSIDY: WHAT TO DO TO RESET AND RECALIBRATE NIGERIA
PRICE OF A LITER OF GASOLINE/PMS IN SELECT AFRICA COUNTRIES AS AT MAY 29, 2023… Chad-$0.847/N635.00 Niger Republic- $0.976/N732.00 Namibia-$1.004/N753…
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Naira depreciates to N464.42 against Dollar at official exchange market
The Naira declined on Tuesday at the Investors and Exporters window, trading at N464.42 to the dollar, only five days…
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Buhari inaugurates Dangote refinery, says game changer for Nigeria’s economy
Dangote refinery is opened by Buhari, who claims it will revolutionize the Nigerian economy. Dangote Petroleum Refinery has been officially…
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Ahead of May 29 inauguration, Naira falls to 760/$1
The Naira has dropped to N765/$1 with just ten days till the next administration’s May 29th inauguration. On Friday, this…
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Tony Elumelu increases stake in UBA with N560m shares
Tony Elumelu, the chairman of United Bank for Africa (UBA) Plc, has purchased additional shares in order to boost his…
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Otedola speaks on his relationship with Tony Elumelu, Transcorp
Famous Nigerian businessman Femi Otedola claimed that his interest in Transcorp, also known as the Transnational Corporation of Nigeria, was…
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